Mon, November 24, 2025 at 10:33 PM UTC Got more than $250,000 sitting in one bank account? Only the first $250,000 is protected by FDIC insurance. The rest is uninsured, which means you could lose it ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

Key insight: Some Republicans are starting to question the cost of deposit insurance reform for business accounts. Expert quote: "The $20 million number just feels like a bludgeon," said Christpher ...

The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...

Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

The Main Street Depositor Protection Act would expose taxpayers to enormous risk, eliminate crucial market discipline and primarily benefit wealthy corporations rather than ordinary Americans. The ...